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Socar Offers BP Option To Explore For Further Gas In Shah Deniz And ACG Fields
...gotiations are in their final stage. The investment amount and other details are under discussion right now.” He noted that ACG’s deep gas reserves are estimated at 200-250 bcm and that Socar was looking for production to begin as early as 2017, first from Chirag and Guneshli and then from Azeri. He ad...
Volume: 54Issue: 17Published at Mon, 25 Apr 2011 -
Qatar’s $5Bn Barzan Project Financing Moving Ahead
...ve been awarded and progress has been made on the financing plan further big delays are not expected, although a slip to 2015 would not be problematic, given that Qatar has a gas surplus up to 2017 and does not need new North Field supply (MEES, 13 December 2010). Barzan is a two-train project an...
Volume: 54Issue: 17Published at Mon, 25 Apr 2011 -
Levant Basin Gas Potential Shows Upside For Israel, Companies Involved, Says UBS
...2017 and that “tighter market conditions towards 2015, and the inclination of European and Asian buyers to diversify their supply base should help to secure supply agreements.” For monetizing Leviathan, the bank said it views a gas pipeline through Turkey (such as those planned as part of th...
Volume: 54Issue: 16Published at Mon, 18 Apr 2011 -
Moody’s Upgrades DP World Ratings To Baa3
...5bn sukuk issued by DP World Sukuk Limited, which is due in 2017. All ratings have a stable outlook. “The rating action reflects Moody’s view that the company has achieved credit metrics that are commensurate with a higher rating category and are likely to be maintained over the medium term,” said Fr...
Volume: 54Issue: 16Published at Mon, 18 Apr 2011 -
Kuwait Eyes Permanent LNG Facilities As Politics Holds Up $90Bn Energy Plan
...the Dorra offshore field in the Neutral Zone between Saudi Arabia and Kuwait, which share production. It could give Kuwait 500mn cfd in 2017, if Kuwait’s previous plans stay on schedule. The gas crisis could ease by 2020 when gas production capacity will be 3.5bn cfd. If KPC’s upstream di...
Volume: 54Issue: 15Published at Mon, 11 Apr 2011